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Technology Stocks : Avid Technology -- Ignore unavailable to you. Want to Upgrade?


To: Hyrulean King who wrote (600)11/6/1998 2:30:00 PM
From: DiViT  Respond to of 777
 
Avid stake held by Microsoft

REUTERS

WASHINGTON, Nov. 6 — Software giant Microsoft Corp. said in a Securities and Exchange Commission filing Friday it holds a 9.4 percent stake in Avid Techology or 2,344,490 common shares.
The group disclosed its latest position on Avid a 13G filing.

Filings under 13G are usually made by institutions and large investors with "passive" investment objectives in a company. Unlike 13D filings, those reports do not list the latest transactions.
Avid, based in Tewsbury, Mass., is a provider of digital audio and video tools for information and entertainment uses.

famulus.msnbc.com